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Expeditors International (EXPD) Gets a Hold Rating from Cowen & Co.

Cowen & Co. analyst Jason Seidl reiterated a Hold rating on Expeditors International (EXPDResearch Report) today and set a price target of $125.00. The company’s shares closed last Wednesday at $103.03.

According to TipRanks.com, Seidl is a top 25 analyst with an average return of 26.6% and a 72.9% success rate. Seidl covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Covenant Logistics Group, and Knight Transportation.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Expeditors International with a $105.60 average price target.

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Expeditors International’s market cap is currently $17.15B and has a P/E ratio of 11.28.

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Expeditors International of Washington, Inc. engages in the provision of global logistics services. The firm offers airfreight, ocean freight and ocean and customs brokerage and other services. It also provides customer solutions such as order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance and customized logistics solutions. The company was founded by John M. Kaiser, Peter Rose, Wang Li Kou, Kevin Walsh, Hank Wong, George Ho, Robert Chiarito, and Glenn Alger in May 1979 and is headquartered in Seattle, WA.

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